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23 FEB 2012

Parks Associates forecasts over 60% of U.S. households will have energy management technologies, deployed by utilities, service providers, or retailers, by 2022

Smart Energy Summit addresses factors to increase consumer engagement with energy management

Retailers, service providers, and utilities are all entering the U.S. market for energy management, which will help drive annual subscription revenues from these systems to over $180 million by 2015, according to Parks Associates. The international research firm hosts Smart Energy Summit: Engaging the Consumer in Austin, Texas, February 28-March 1, an annual event focusing on new technologies, partnership opportunities, and consumer-oriented energy management solutions.

“Energy management is being bundled with home monitoring and control, security, broadband, and video services,” said Tom Kerber, Director, Research, Home Controls and Energy, Parks Associates. “Next week, we will hear insights into partnership opportunities that can generate recurring revenues, reduce customer attrition, develop value-added services, and engage consumers in new ways with energy management solutions.”

Alarm.com, Comverge, ERCOT, Reliant Energy, and SEQUENTRIC Energy Systems address the demand-response market and business models in the pre-show workshop session “Demand Response and Consumer Engagement” on February 28.

Among the February 29 sessions, GE Appliances, Opower, Smart Grid Consumer Collaborative, and Tendril address new marketing strategies to change the way consumers purchase, conserve, and manage electricity in "Boosting Consumer Adoption: New Value Propositions."

Allure Energy, Blue Line Innovations, ecobee, and Ingersoll Rand address crossover opportunities for independent solutions to merge with home area networks (HANs) in "Growth and Impact of Energy Management Device Offerings."

Alarm.com, Cox Communications, and ADT Security Services present different market entry and expansion strategies, weighing in on the decision to partner with utilities versus providing alternative solutions in "2015 Offerings: New Services, Features, and Pricing Models."

Among the March 1 sessions, CableLabs, Swisscom, and Telecom Italia share differences in business models and value propositions for international implementations and suggest which lessons are applicable to the U.S. in "International Experiences: Translation for the U.S. Market."

Simple Energy, Pecan Street Project, the Texas Office of Public Utility Counsel, and the GridWise Architecture Council discuss new policy initiatives and their impact on market dynamics, business strategies, and consumer value propositions in "The Impact of Policy on Energy Management Deployments and Solutions."

Austin Energy, EcoFactor, Itron, Proximetry, and Sprint explore the partnership opportunities between utilities and service providers in "Hybrid Solutions: Beyond Home Networks."

To register, visit www.smartenergysummit2012.com or contact 972-490-1113, sales@parksassociates.com.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eleventh annual Smart Energy Summit will take place February 17-19, 2020, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webinars, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers, and Future of Video: OTT, Pay TV, and Digital Media.